3 Bed Terraced House, Single Let, Derby, DE23 8PQ, £150,000

Rutland Street, Derby, Derbyshire, DE23 8PQ - 3 views - 2 months ago

BTL
ROI: 4%
~93 m²
+4 photos

ValuationOvervalued

Sold Prices£60K - £200K
Sold Prices/m²£943/m² - £2.3K/m²

 

 

Square Metres

~93 m²
Price/m²£1.6K/m²

Value Estimate

£131,154

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£750 - £1,300

Rent Estimate

£813

Running Costs/mo

£651

Cashflow/mo

£162

Cashflow/yr

£1,940

ROI

4%

Gross Yield

7%

Local Sold Prices

50 sold prices from £60K to £200K, average is £122.5K. £943/m² to £2.3K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£91K02/210.05 mi71, Holcombe Street, Derby, City Of Derby DE23 8JA3
£129K04/230.07 mi26, Pear Tree Street, Derby, City Of Derby DE23 8PP3
£77.5K02/230.1 mi142, Leacroft Road, Derby, City Of Derby DE23 8HX3
£105K01/210.1 mi81, Reeves Road, Derby, City Of Derby DE23 8JF3
£140K03/210.13 mi18, Vulcan Street, Derby, City Of Derby DE23 8ND3
£160K04/230.13 mi18, Vulcan Street, Derby, City Of Derby DE23 8ND3
£141K01/210.13 mi242, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8NY3
£95K10/200.14 mi40, St Thomas Road, Derby, City Of Derby DE23 8SU3
£60K09/210.18 mi80, Portland Street, Derby, City Of Derby DE23 8QB3
£60K09/210.18 mi80, Portland Street, Derby, City Of Derby DE23 8QB3
£147K11/210.19 mi25, Baseball Drive, Derby, City Of Derby DE23 8NE3
£180K06/230.19 mi23, Baseball Drive, Derby, City Of Derby DE23 8NE3
£115K03/210.19 mi22, Augusta Street, Derby, City Of Derby DE23 8HR3
£83.5K05/210.21 mi21, Netherclose Street, Derby, City Of Derby DE23 8QG3
£165K09/210.24 mi45, Peartree Crescent, Derby, City Of Derby DE23 8RP3
£110K05/230.25 mi16, Joseph Street, Derby, City Of Derby DE23 8QH3
£156.8K05/230.27 mi36, Sale Street, Derby, City Of Derby DE23 8GD3
£107K08/210.28 mi33, Harrington Street, Pear Tree, Derby, City Of Derby DE23 8PE3
£145.3K11/200.29 mi186, Portland Street, Derby, City Of Derby DE23 8PJ3
£145K10/210.33 mi171, Balfour Road, Derby, City Of Derby DE23 8UR3
£105K04/210.33 mi121, Balfour Road, Derby, City Of Derby DE23 8UR3
£165K02/210.35 mi140, Balfour Road, Derby, City Of Derby DE23 8UQ3
£120K04/230.35 mi84, Sutherland Road, Derby, City Of Derby DE23 8RW3
£145K10/210.36 mi70, Walbrook Road, Derby, City Of Derby DE23 8RY3
£180K04/230.36 mi104, Walbrook Road, Derby, City Of Derby DE23 8RY3
£98K07/230.38 mi37, Balfour Road, Derby, City Of Derby DE23 8UP3
£112.5K03/210.38 mi103, Balfour Road, Derby, Derbyshire DE23 8UP3
£134K05/230.4 mi127, Grange Street, Derby, City Of Derby DE23 8HD3
£167.5K12/220.41 mi16, Crowshaw Street, Derby, City Of Derby DE24 8DY3
£130K12/220.41 mi207, Portland Street, Derby, City Of Derby DE23 8WP3
£102K12/220.43 mi27, Church Street, Derby, City Of Derby DE23 6QT3
£120K04/230.43 mi70, Abingdon Street, Derby, City Of Derby DE24 8FZ3
£93K09/210.43 mi38, Abingdon Street, Derby, City Of Derby DE24 8FZ3
£115K03/210.43 mi28, Holmes Street, Derby, City Of Derby DE23 8GH3
£140K11/200.44 mi126, Abingdon Street, Derby, City Of Derby DE24 8GB3
£115K07/210.44 mi45, Handel Street, Derby, City Of Derby DE24 8AZ3
£125K04/210.46 mi43, Brunswick Street, Derby, City Of Derby DE23 8TQ3
£140K12/200.47 mi8, Hampden Street, Derby, City Of Derby DE23 8UX3
£148K01/210.48 mi48, Village Street, Derby, City Of Derby DE23 8SZ3
£107K11/200.48 mi175, Upper Dale Road, Derby, City Of Derby DE23 8BS3
£200K11/220.48 mi215, Upper Dale Road, Derby, City Of Derby DE23 8BS3
£106K04/210.49 mi30, Davenport Road, Derby, City Of Derby DE24 8AX3
£130K03/230.49 mi168, Upper Dale Road, Derby, City Of Derby DE23 8BQ3
£150K02/230.49 mi176, Upper Dale Road, Derby, City Of Derby DE23 8BQ3
£163K07/210.5 mi12, Horton Street, Derby, City Of Derby DE23 8LN3
£111.5K03/210.5 mi34, Scott Street, Derby, City Of Derby DE23 8QT3
£95K12/200.51 mi18, Chestnut Avenue, Derby, City Of Derby DE23 6WG3
£155K04/230.53 mi164, Addison Road, Derby, City Of Derby DE24 8FL3
£110K12/200.53 mi45, Thorn Street, Derby, City Of Derby DE23 6LZ3
£118K01/210.54 mi150, Almond Street, Derby, City Of Derby DE23 6LY3

Local Rents

20 rents from £750/mo to £1.3K/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£85004/240.1 miReeves Road, Normanton3
£93003/240.1 miShaftesbury Crescent, Derby DE23 8NA3
£93003/240.1 miShaftesbury Crescent, Derby DE23 8NA3
£90004/250.12 mi-3
£85003/240.39 miST. James Road, Derby3
£1,10004/250.39 mi-3
£85003/240.4 miBalfour Road 3
£76512/230.43 mi-3
£95004/240.44 miBethulie Road, DERBY3
£85002/250.46 mi-3
£90012/240.48 miGrosvenor Street, Derby, Derbyshire3
£80012/240.51 mi-3
£75004/240.52 miDexter Street, Derby, Derby, DE233
£90012/240.53 mi-3
£1,30008/240.54 mi-3
£1,30001/250.54 mi-3
£1,30003/250.54 mi-3
£89512/240.56 mi-3
£95002/250.59 mi-3
£1,25004/250.6 mi-3

Local Area Statistics

Population in DE23

59,979

Population in Derby

308,324

Town centre distance

0.77 miles away

Nearest school

0.10 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £150,000

February 28, 2025

Floor Plans

Description

  • Being Sold With Tenants In Situ +
  • End Terrace +
  • Three Double Bedrooms +
  • Enclosed Rear Garden +
  • Courtyard Garden To The Front Of The Property +
  • Gas Central Heating & Double Glazing +
  • No Chain +

BEING SOLD WITH TENANTS IN SITU
Leaders bring to the market this three bedroomed End Terraced property located in the ever popular Normanton residential area of Derby with good transport links into the City and access to local amenities. In brief the property comprises of entrance hall, lounge, kitchen with access out to the rear garden, family bathroom and three double bedrooms. The property benefits from gas central heating and UPVC double glazing throughout * NO CHAIN **

Agent Details

Leaders Sales, Derby Borrowash

01332 529794

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪